Compare quotes for your home in 56537! Compare the best 12 carriers in minutes.
56537, MN Homeowners Insurance Rates
With a population size of 19,230 and with 8,137 occupied homes in the 56537 area, our online shopping service is becoming very helpful for homeowners like you. The average home insurance premiums in Fergus Falls, MN are around $1,097 per year for a standard HO-3 homeowners policy. Wouldn't you love to save up to 40% or more on your next home insurance policy? Our process easily compares the most competitive rates, while including all discounts and credits, plus reviewing all enhanced coverage options. You will find that GetHomeInsuranceQuotes.com is the best place online to shop for home insurance rates in Fergus Falls, Minnesota. If you are looking for more affordable rates, let us help you shop and compare your next homeowners policy today. Just enter your zip code to start online comparing, or give us a call at 1-855-976-2656 so we can help you review rates today!
It's important to know that if your Minnesota home may be located in a risk area that is prone to flooding, hurricanes or earthquakes. You may need additional coverage that is not part of your current policy like an HO-3 or HO-2. We can help you review the best protection and coverage options for your home located in Fergus Falls, MN.
For Minnesota home insurance information, including average Fergus Falls home insurance rates, coverage options or the different homeowners insurance types, please select Fergus Falls, MN Home Insurance Quotes Now!
56537 Home Insurance Average Premiums
$847 /yr.
Shows Zip Code: 56537 lowest rates with discounts applied on average.
For the 56537, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.
| Coverage Amount: | Annual Premium |
|---|---|
| 1800 sq. ft. or below (discounts applied) | $847 /yr. |
| Average Coverage: | $1097 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1397 /yr. |
What is the average home insurance cost for a home in 56537?
- • The average homeowners insurance premium paid annually for a home in 56537 is around $1097 per year.
What does it cost on average per month for home insurance in 56537?
- • Homeowners in 56537 pay a monthly average cost per month around $91.00.
What kind of discount could I get if I combine my home and auto insurance together in 56537?
- • Autoowners in 56537 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.
For shopping home insurance rates within the Fergus Falls area, check out other zip codes nearby 56537.
Review average rates in another zip code:
56537 homeowners insurance rates
Home Replacement Cost Coverage in 56537
Average Building Cost Per Square Foot in 56537: $188
Location: Fergus Falls, Minnesota (Otter Tail County)Average Square Footage in 56537: 914 Sq. Ft.
When building or updating a home, it's always good to review the average cost per square foot to build in 56537 before you start any project. Fergus Falls homeowners pay on average around $188 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 56537 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.
Here is how you determine your replacement cost. If we take an average home in 56537 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 914 sq. ft. and the average cost to rebuild the home in this area is around $188 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Fergus Falls area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.
| Home Improvement Status | Price per Sq. Ft. | Square Feet | Dwelling Coverage |
|---|---|---|---|
| Basic Home Features | $188 | 914 | $171,800 |
| Additional Upgrades & Added Features | $235 | 914 | $214,750 |
| Major Home Updates or Advancements | $282 | 914 | $257,700 |
It's important to understand that when you estimate your replacement cost of your home in the 56537 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.
Best Homeowners Insurance Agencies in 56537
Communicating for Agriculture & the Self-Employed- Inc.
Address: 112 Lincoln Avenue Fergus Falls, MN 56537Phone: (218)739-3832
Website:
Best Home & Auto Insurance Agencies in 56537
COUNTRY Financial - Ron Spangler
Address: 215 W Washington Ave Fergus Falls, MN 56537Phone:
Website: http://www.national.citysearch.com/profile/external/604536412/fergus_falls_mn/country_financial_ron_spangler.html
Info:
Swenson- Janet T - State Farm Insurance Agent
Address: 210 W Lincoln Ave Fergus Falls, MN 56537Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards
Mark Rodning Ins Agency Inc
Address: 408 W Lincoln Ave Fergus Falls, MN 56537Phone:
Website:
Info:
American Family Insurance
Address: 105 E Lincoln Ave Fergus Falls, MN 56537Phone:
Website: http://www.national.citysearch.com/profile/external/5692852/fergus_falls_mn/american_family_insurance.html
Info:
Christopherson Insurance
Address: 113 N Mill St Fergus Falls, MN 56537Phone:
Website:
Info:
Housing Demographics for 56537
Population Review for 56537 Zip Code
For the city of Fergus Falls, the population within 56537 has increased to over 19,946 residents in population size. The current population total is 19,230. We have broken down the population based on race below. In 56537, there are over 9384 in male population and 9846 females.
| Population | Values |
|---|---|
| Total Population | 19,230 |
| White Population | 17731 |
| Black Population | 273 |
| Hispanic Population | 400 |
| Asian Population | 133 |
| Hawaiian Population | 12 |
| Indian Population | 123 |
| Other Population | 137 |
| Male Population | 9384 |
| Female Population | 9846 |
| Population Estimate | 19946 |
Household Data for 56537
The average number of homes in 56537 is around 8,137, there are an average of 2.26 per household. The average house value according to local real estate values is around $171,800. Please review the following demographics below for average income and media age.
| Housing / Income Data | Values |
|---|---|
| Households Per Zipcode | 8,137 |
| Persons Per Household | 2.26 |
| Average House Value | $171,800 |
| Income Per Household | $54506 |
| Median Age | 43.5 |
| Median Age Male | 41.3 |
| Median Age Female | 45.5 |
| 56537 Details | Values |
|---|---|
| State | MN |
| State Full Name | Minnesota |
| City Type | P |
| City Alias Abbreviation | |
| Area Code | 218 |
| City | Fergus Falls |
| City Alias Name | FERGUS FALLS |
| County | Otter Tail |
| County FIPS | 111 |
| State FIPS | 27 |
| Time Zone | 6 |
| Day Light Saving | Y |
| MSA | |
| PMSA | |
| CSA | |
| CBSA | 22260 |
| CBSA_DIV | |
| CBSA_Type | Micro |
| CBSA_Name | Fergus Falls, MN |
| MSA_Name | |
| PMSA_Name | |
| Region | Midwest |
| Division | West North Central |
| MailingName | Y |
| Economic & Growth Review | Values |
|---|---|
| Number Of Businesses | 652 |
| Number Of Employees | 7636 |
| Business First Quarter Payroll | 80057 |
| Business Annual Payroll | 349184 |
| Business Employment Flag | |
| Growth Rank | 0 |
| Growth Housing Units 2003 | |
| Growth Housing Units 2004 | |
| Growth Increase Number | 0 |
| Growth Increase Percentage | 0.0 |
| Metropolitan Details | Values |
|---|---|
| CBSA Population | 57303 |
| CBSA Division Population | 0 |
| Congressional District | 07 |
| Congressional LandArea | 33429.31 |
| Delivery Residential | 8826 |
| Delivery Business | 704 |
| Delivery Total | 9512 |
| Preferred Last Line Key | Y25263 |
| Classification Code | |
| Multi-County | Y |
| CSA Name | |
| CBSA_DIV_Name | |
| City State Key | Y25263 |
| Land Area | 283.352000 |
| Water Area | 22.291000 |
| City Alias Code | |
| City Mixed Case | Fergus Falls |
| City Alias Mixed Case | Fergus Falls |
| Box Count | 0 |
| SFDU | 6995 |
| MFDU | 1523 |
| State ANSI | 27 |
| County ANSI | 111 |
| ZIP Intro | |
| Alias Intro | |
| Facility Code | P |
| City Delivery Indicator | Y |
| Carrier Route Rate Sortation | D |
| Finance Number | 263170 |
| Unique ZIP Name | |
| SSA State County Code | 24550 |
| Medicare CBSA Code | 99924 |
| Medicare CBSA Name | Rural Areas in MN |
| Medicare CBSA Type | Micro |
| Market Rating Area ID | 6 |
| County Mixed Case | Otter Tail |
Minnesota Homeowners Insurance News & Information
-
2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024
According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges. Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]
-
What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024
A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly. The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]
-
$4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024
According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]